Trading, Not Gambling: In Tuesday live training, I cautioned about not trading the NZD through the news and boy was that good advice! The NZD dropped 80 pips in 5 minutes! To have traded it would have been gambling. Even if you had got lucky and shorted it there was...
The federal reserve interest rate predictions for the 2nd quarter is that we will see the Fed interest rate peak. Using the Fed Watch tool (https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html), we can see that holding rates at 5% is the most...
What is Forex Trading? Forex trading, also known as foreign exchange trading, involves buying and selling different currencies with the aim of making a profit. The forex market is the largest financial market in the world, with a daily turnover of over $6 trillion....
Hi, this is an update of an article I posted previously, however, there is a brand new video below from member James showing how it is helping to improve his trade management and results. Everybody I have recommended this software to (all my private students) thank me...
Hi members, Another brilliant piece of research done by James (iamjacka). He is done trading for this year and is now only focusing on the macro picture waiting for the fundamental releases this week. This in fact is a very wise decision considering the amount of...
Hi members, A lot of my students have asked me about where to place their Entries, Stop loss and take profit targets. So I thought why not just make a video about it and share with you all how I calculate these things. Firstly it is not rocket science, you just need...